Trade Alert
After some sideways action throughout this week, FTSE 100 ended up yesterday near its key support area, at around 7150. In order to look into the scenario shown on the chart, we would like to see a break below the 7150 level first. This way we may continue aiming slightly lower, where the next potential hold up could occur is around the 7065 zone, marked by the low of February 8th.
Please see the chart for details.
Don't forget your stop-loss.
After some sideways action throughout this week, FTSE 100 ended up yesterday near its key support area, at around 7150. In order to look into the scenario shown on the chart, we would like to see a break below the 7150 level first. This way we may continue aiming slightly lower, where the next potential hold up could occur is around the 7065 zone, marked by the low of February 8th.
Please see the chart for details.
Don't forget your stop-loss.